BlackRock Declares Quarterly Dividend of $4.13 on Common Stock

Rhea-AI Summary

BlackRock, Inc. (NYSE:BLK) has announced a 14% increase in its quarterly cash dividend, raising it to $4.13 per share. This dividend will be paid on March 23, 2021, to shareholders who are on record as of the close of business on March 5, 2021. This increase reflects the company's ongoing commitment to return value to its shareholders while fostering financial well-being for its investors. BlackRock continues to position itself as a leader in financial services and technology.

Positive

• 14% increase in quarterly cash dividend
• $4.13 per share dividend amount
• Dividend payable to shareholders on March 23, 2021

Negative

• None.

BlackRock, Inc. (NYSE:BLK) today announced that its Board of Directors approved a 14% increase in the quarterly cash dividend to $4.13 per share, payable March 23, 2021 to shareholders of record at the close of business on March 5, 2021.

About BlackRock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate

View source version on businesswire.com: https://www.businesswire.com/news/home/20210121005782/en/

FAQ

What is the new dividend amount for BlackRock (BLK)?

The new quarterly dividend amount for BlackRock (BLK) is $4.13 per share.

When will BlackRock's dividend be paid?

BlackRock's dividend will be paid on March 23, 2021.

What is the record date for BlackRock's dividend payment?

The record date for BlackRock's dividend payment is March 5, 2021.

How much did BlackRock increase its dividend?

BlackRock increased its dividend by 14%.